Written by Marianela Toledo. Miami    Friday, 11 June 2010 09:35    PDF Print E-mail
Floridian Companies face the challenge of exporting

The idea is that US. exports double their numner over the next five years. The U.S. Department of Commerce and U.S. Foreing Commercial Service hava a global network of professionals in 109 site across the country. The idea is that US. exports double their numner over the next five years. The U.S. Department of Commerce and U.S. Foreing Commercial Service hava a global network of professionals in 109 site across the country.

“The National Export Initiative was designed with one objective in mind: “To get people back to work in jobs that provide security, dignity and sense of hope for the future,” said U.S. Secretary of Commerce, Gary Locke to media recently.

Under the new program, the authorities intend to create access to credit for exporters, increase government trade promotions and break down barriers that keep U.S. companies of having an open access to foreigners markets.

President Obama urged the government to use all available federal resources to support the objective of the NEI: The idea is that U.S. exports double their number over the next five years and the same industry supports the creation of two million jobs. The U.S. Department of Commerce and U.S. Foreign Commercial Service have a global network of professionals in 109 sites across the country and U.S. embassies and consulates in 77 countries, to guide companies through every step of the export process, from how to start, to logistics.

Exports remain an integral part of the American economy. In 2008, exports accounted for 13 percent of our gross domestic product and sponsored more than 10 million U.S. jobs. For every billion in exports, there are 6,000 jobs.

Despite the impact of exports on the U.S. economy’s trade deficit Products Services increased by $ 40.4 billion in March 2010, from $ 39.4 million in February of that year.

Florida Impact

Eduardo Torres, South Florida Director of the Department of Commerce. Eduardo Torres, South Florida Director of the Department of Commerce.

Florida is seen as the commercial port of entry to the markets of Latin America and the Caribbean. In 2009, goods came through airports and seaports in Florida surpassing more than US$ 103 billion. The state is also a major producer and exporter of goods and value-added services, which reached a combined total of $ 74.8 billion U.S. dollars in 2009.

Eduardo Torres, South Florida Director of the Department of Commerce, explains the great potential of Floridian companies to export. “Most companies that export, just export to a single country. Our mission is to assist these companies to export to new territories, new countries, and new areas”.

To carry out Obama’s National Export Initiative, the executive says that the government will focus primarily on companies that already export. “The idea is to proposed: if your company is already exporting to Panama, what prevents you from exporting to Colombia. Or if you’re in Chile that prevents you from exporting to Argentina and other neighboring countries? “.

“We want companies to see and learn from business opportunities in other regions. Being in Florida, the main commercial market is Latin America, but there are opportunities in other areas such as Europe, Asia Pacific and Africa. We bring these business opportunities for companies to see the potential for diversification in these regions” Said Torres.

Entrepreneurs say

Michael Claus, General Director of Hellmann Wordwide Logistics, a leading transportation company explains “Everything that the government does to support exports is welcome. But if it works or not, will depend on currency factor. “A strong dollar, against the weakness of the euro, means less for export competitive advantages”.

Eduardo Torres says that “all obstacles are business opportunities.” “For example Haiti has great opportunities for U.S. firms that want to rebuilt the country. Not only for the humanitarian side, but for business”. “Although the dollar gets stronger, there will always be opportunities to generate business” he adds.

Clauss for his part acknowledged that “In the near future, I don’t see more free trade agreements, which I think would encourage exporters,” he adds. “What really works is the support that companies and develops business delegations need from the government.”

“What happened was that the U.S. domestic market was big enough to satisfy merchants needs, but now they are looking at exports as a great potential to stimulate the economy.”

Marianela Toledo. Miami
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Floridian Companies face the challenge of exporting

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“The National Export Initiative was designed with one objective in mind: “To get people back to work in jobs that provide security, dignity and sense of hope for the future,” said U.S. Secretary of Co...